Addition of missing soybean crush margin values

Fastmarkets has added missing soybean crush margin values for February 9, 2024; March 20, 2024; April 4, 2024; August 21,2024; and November 8, 2024, to its historical database. The following values were missing due to procedure lapse errors.

AG-SYB-0078 Crush Margin China Soy (Brazil)

March 20, 2024:
M1: 104.25 yuan per tonne
M2: 63.25 yuan per tonne
M3: 43.25 yuan per tonne
M4: -44.75 yuan per tonne
M5: -122.25 yuan per tonne
M6: -132.75 yuan per tonne

August 21, 2024:
M1: -5 yuan per tonne
M2: -6.75 yuan per tonne
M3: -50.25 yuan per tonne
M4: -100.5 yuan per tonne
M5: 23.5 yuan per tonne
M6: 34.5 yuan per tonne

AG-SYB-0079 Crush Margin China Soy (US Gulf)

March 20, 2024:
M1: -203 yuan per tonne
M2: -256 yuan per tonne
M3: -268 yuan per tonne
M4: -287.25 yuan per tonne
M5: -300 yuan per tonne
M6: -241.75 yuan per tonne

August 21, 2024:
M1: 35 yuan per tonne
M2: 53.5 yuan per tonne
M3: 21.75 yuan per tonne
M4: -32.25 yuan per tonne
M5: -76.5 yuan per tonne
M6: -153.75 yuan per tonne

AG-SYB-0080 Crush Margin Brazil Soy

March 20, 2024:
M1: $24 per tonne
M2: $23.25 per tonne
M3: $16.5 per tonne
M4: $13 per tonne
M5: $20.25 per tonne
M6: $20.75 per tonne

April 4, 2024:
M1: $30.25 per tonne
M2: $20.75 per tonne
M3: $15.5 per tonne
M4: $16 per tonne
M5: $16.25 per tonne
M6: $17.75 per tonne

August 21, 2024:
M1: $54.75 per tonne
M2: $44.75 per tonne
M3: $39 per tonne
M4: $35.25 per tonne
M5: $37.75 per tonne
M6: $37.75 per tonne

AG-SYB-0081 Crush Margin Argentina Soy

March 20, 2024:
M1: $22.25 per tonne
M2: $15.25 per tonne
M3: $10.75 per tonne
M4: $7 per tonne
M5: $8.5 per tonne
M6: $6.75 per tonne

April 4, 2024:
M1: $15 per tonne
M2: $17 per tonne
M3: $19.75 per tonne
M4: $13.25 per tonne
M5: $6.75 per tonne
M6: $6 per tonne

August 21, 2024:
M1: $0.25 per tonne
M2: -$3.25 per tonne
M3: -$7.25 per tonne
M4: -$6 per tonne
M5: -$11.75 per tonne
M6: -$12.75 per tonne

AG-SYB-0082 Crush Margin US Soy

February 9, 2024:
M1: 96 cents per bushel
M2: 82 cents per bushel
M3: 82 cents per bushel
M4: 80 cents per bushel
M5: 80 cents per bushel
M6: 87 cents per bushel

March 20, 2024:
M1: 83 cents per bushel
M2: 83 cents per bushel
M3: 82 cents per bushel
M4: 82 cents per bushel
M5: 86 cents per bushel
M6: 102 cents per bushel

April 4, 2024:
M1: 84 cents per bushel
M2: 84 cents per bushel
M3: 84 cents per bushel
M4: 88 cents per bushel
M5: 104 cents per bushel
M6: 97 cents per bushel

August 21, 2024:
M1: 176 cents per bushel
M2: 136 cents per bushel
M3: 134 cents per bushel
M4: 116 cents per bushel
M5: 119 cents per bushel
M6: 114 cents per bushel

November 8, 2024:
M1: 159 cents per bushel
M2: 163 cents per bushel
M3: 159 cents per bushel
M4: 159 cents per bushel
M5: 156 cents per bushel
M6: 156 cents per bushel

Fastmarkets’ pricing database has been updated to reflect these changes.

This prices are part of the Ags Grain Prices and Ags Oils, Fats and Biofuels Prices packages.

For more information, or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to these prices, please contact Eduardo Tinti by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Eduardo Tinti re: Soybean crush margins.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.

What to read next
The rationale has been updated to include the following information: Owing to UK public holidays on April 18 & April 21, the cobalt hydroxide cif China price will next be published on April 22. This is in accordance with Fastmarkets’ pricing schedule. The affected price is as follows: MB-CO-0020 Cobalt hydroxide min 30% Co, cif China, […]
This is because of the Good Friday holiday in the US and the consequent closure for the day of the Chicago Mercantile Exchange. Normal service will resume on Monday April 21. The affected prices are in the Fastmarkets Ags; Ags Grains; Industrial Ags; Oils, Fats, and Biofuels; and Animal Proteins pricing packages. For more information, […]
Fastmarkets is inviting feedback from the industry on the pricing methodologies for Asia recovered paper and Asia packaging paper and board, as part of its announced annual methodology review process. This consultation, which is open until May 18, 2025, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance […]
Fastmarkets has corrected its November-loading (M7) price assessments for AG-SYB-0013 Soybean FOB Brazil Paranagua Paper Premium c$/bu and AG-SYB-0012 Soybean FOB Brazil Paranagua Paper $/mt, which were published incorrectly on April 3.
Full details of the prices covered by this consultation can be found here. No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization […]
No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. Full details of the prices covered by this consultation can be found here. This consultation, sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization […]